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01 Quantum Reports Fourth Quarter 2025 Results and Provides an Update on Business Developments
TMX Newsfile· 2026-01-22 13:00
Core Insights - 01 Quantum Inc. has successfully completed its rebranding from 01 Communique Laboratory Inc. and is now focused on providing quantum-resilient cybersecurity solutions [1][13] - The company reported significant revenue growth in Q4 2025, with a total revenue of $434,724 compared to $82,155 in Q4 2024, and an annual revenue of $767,993, up from $412,948 in fiscal 2024 [15][18] Corporate Developments - The company advanced various initiatives in Post-Quantum Cryptography (PQC) product verticals, strategic partnerships, and commercialization efforts throughout fiscal 2025 [3] - A new PQC-enhanced remote access platform, DoMobile Ver.5, was commercially released in collaboration with Hitachi Solutions Create, targeting the Japanese market [4] - A strategic alliance with qLABS Foundation was established to develop quantum-safe tokens, with the launch of qONE planned for February 2026 [6][7] - Development of the Quantum AI Wrapper (QAW) is ongoing, targeting encrypted AI inference for Small Language Models (SLM) [9][11] - Commercialization efforts for IronCAP X™ are being advanced through a partnership with Turnium Technology Group Inc. [12] Financial Performance - The company recorded a comprehensive loss of $352,453 in Q4 2025, compared to a loss of $97,698 in Q4 2024, and an annual comprehensive loss of $1,126,086 for fiscal 2025, up from $318,790 in fiscal 2024 [17][18] - Operating expenses increased due to higher R&D expenditures and stock-based compensation, with total cash operating expenses for fiscal 2025 amounting to $1,418,848 [19][18] - As of October 31, 2025, the company held cash and guaranteed investment certificates totaling $3,072,651, a significant increase from $139,126 at the same time in 2024 [20] Stock Options and Financing - The company granted stock options to directors and executives for the purchase of 775,000 common shares at a price of $0.62 per share, with a vesting period of two years [21] - Three equity financings were completed during the year, providing gross proceeds of $3,779,900, which strengthened the company's financial position [14]